GEI Industrial Systems Limited (NSE: GEINDSYS)

GEINDSYS Technical Analysis

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GEI Industrial Systems (GEINDSYS) formerly known as GEI Hamon Industries, was established in 1970. GEINDSYS is a joint venture partnership firm with Hamon of Brussels, Belgium holding 25% share in the company. Hamon & Cie Brussels is a multi-disciplinary corporate house having its base in Belgium and plants and offices all over the world. GEINDSYS is engaged in the manufacturing of heat exchangers, coolers and finned tubes and design and erection services for the same. GEINDSYS is accredited with ISO 9001-2000 for quality system. The manufacturing plants of the company are located in Govindpura, Madhya Pradesh. GEINDSYS has initiated a joint venture manufacturing facility in Oman, which will facilitate the export growth. The company has set up a new division, Power Transmission Business Group. The company is based at Bhopal, India.
The current market capitalization stands at Rs 46.25 crore.The company has reported a consolidated sales of Rs 12.96 crore and a Net Loss of Rs 15.93 crore for the quarter ended September 2013.
The company management includes C E Fernandes - Chairman & Managing Director, Bernard John - Joint Managing Director, Pannalal Mundhra - Whole Time Director, D Laxminarayan - Executive Director, Robinson Fernandez - Additional Director, S C Duggal - Ind. Non-Executive Director, Vijay Khanna - Ind. Non-Executive Director, Sanjiv Singhal - Ind. Non-Executive Director, Ajitha Kumar - Director.
The Registered office is at 26/A, Industrial Area, Govindpura, Bhopal,Madhya Pradesh - 462023.

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